Prime 20 Acre Commercial Development Site

11425 McCourtney Road Grass Valley, CA 95949

11425 McCourtney Road, Grass Valley, CA, 95949
11425 McCourtney Road, Grass Valley, CA, 95949
FOR SALE
Property Type:
Commercial Land Development
Amount:
$2,500,000
Last Verified:
Mar 27, 2019

Highlights

  • 2000+ feet of busy road frontage!
  • High Visibility / High Traffic Corner Parcel
  • Rare flat/rolling topography
  • Water, power, phone, nat. gas all available.
  • Office, med, hotel, school, church, mixed-use, community center, farming uses.
  • Quick 1/2 Mile Access to State Highways 20 & 49
  • Possible Seller Financing

Description

A prominent 20 acre corner parcel ready for development and located only one-half mile from State Highways 20 & 49 and across the street from the beautiful Nevada County Fairgrounds and the new $14m Ca. Highway Patrol HQ. The property is zoned Office Professional allowing a wide variety of uses including office, financial, medical, hotel, fitness, community/public/arts centers, farming, churches, schools, mixed-use residential, etc. Currently located in the County, but within the City of Grass Valley's sphere of influence. Water, natural gas and power in street. Over 7400 vehicle pass this site daily. Rare flat/rolling topography. Seller financing considered. Currently IN ESCROW.

Grass Valley is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe & Sacramento. Located below the snow line & above the fog for the perfect 4-season climate. Within 90 minutes of 4 major universities (UC Davis, CS Chico, CS Sacto & UN Reno) & 2 intl. airports (Sacto & Reno). Nevada County’s economy has effectively transitioned from mining/logging/construction to video tech, digital media & other high-tech industries, balanced by national-caliber arts & entertainment sectors. With superb schools & multiple national awards relating to unbeatable quality of life, the region continues to attract residents & businesses from nearby Sacramento & the Bay Area. The subject property is conveniently located only one half mile from the McCourtney Road Exit on State Highway 20 near the intersection with State Highway 49.

Lot Size: 20.02 acres

Map of 11425 McCourtney Road, Grass Valley, CA, 95949

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.